Bankruptcy Attorney Cottonwood Heights Utah (801) 676-5507 HOA Fees in Bankruptcy

Bankruptcy Attorney Cottonwood Heights Utah (801) 676-5507 HOA Fees in Bankruptcy. Can Chapter 13 bankruptcy help with a mortgage modification?

Bankruptcy Attorney Cottonwood Heights Utah (801) 676-5507 HOA Fees in Bankruptcy video duration 1 Minute(s) 51 Second(s), published by Utah Estate Planning Lawyer Business Attorney on 05 07 2016 - 15:00:41.

Bankruptcy Attorney Sandy Utah (801) 676-5507 HOA Fees in Bankruptcy If you are looking to get out from underneath homes that are upside down in value file Please forward this to anyone you care about who has filed for bankruptcy
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Can You Get A Home Mortgage After Foreclosure -Bankruptcy & Judgments? Http://kingwoodmortgageguys.com Here's what we cover in this video: Can You . Attorney Jim Monroe discusses how a Chapter 13 bankruptcy can help with a mortgage modification
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Bankruptcy Attorney Sandy Utah (801) 676-5507 HOA Fees in Bankruptcy\r
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If you are looking to get out from underneath homes that are upside down in value file a Chapter 7 Bankruptcy. However, bankruptcy deals only with the debt, not the title or deed. When you surrender your home in chapter 7 bankruptcy case, you discharge (or get rid of) any responsibility on the mortgage, but your name is still on the title to the house.\r
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If you are on title – then you are still liable to pay HOA dues and assessments.\r
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Even if you are surrendering your home in chapter 7 bankruptcy, you are still personally liable for HOA dues and assessment that come due after the bankruptcy filing date. Since a bankruptcy does not remove your name from the title to the property, you are responsible for HOA dues and property upkeep.\r
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Crazy huh?\r
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It could be many months to many years before the lender forecloses. In the meantime, the HOA can pursue the owner of the property to get the HOA fees. Yes, you can be sued.\r
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I've been told by a mortgage broker it can take 2 years to qualify for a mortgage after bankruptcy.\r
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The best idea is for you to continue to live in the house as long as possible.\r
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In most Utah chapter 7 bankruptcies in which a home is surrendered, the lenders foreclose relatively quickly, it is usually quick.\r
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That's why you should meet with attorney Michael Anderson fast 801-676-5507\r
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Address: 8833 South Redwood Road, Suite C, West Jordan, Utah 84088\r
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Remember, if you live in West Jordan, South Jordan, Salt Lake City, Herriman, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Bluffdale, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your estate plan.\r
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